There was more than a little interest in this stock yesterday in the chat room, although I’m not sure why, since Apple shares can neither be bought nor shorted safely right now. The monthly chart promises more upside to as high as 698.61, warning that we ought not attempt to intercept this blowoff, let alone do so aggressively merely because the rally is getting a little stupid. However, if it’s just bragging rights you’re after, then stick with the hourly charts and use ‘camo’ tactics only at ‘p’ and ‘D’ pivots of single-bar patterns rooted in one-off points ‘A’. And it wouldn’t hurt if the ‘k-A’ and ‘B-C’ segments looked like, if not siblings, then hillbilly cousins. Come to think of it, the pattern shown has all of these things, so by all means test your camouflage chops at its ‘D’ target, 646.82. In the meantime, you could almost swear the little s.o.b. is consolidating just above that pattern’s 611.11 midpoint pivot. Click here for information about the upcoming Hidden Pivot webinar and a coupon good for a $50 discount.)
